We have a bear shark in formation, the current move could go as high as 26k
The important levels to watch for in case we go down are 21.5k, 18.4k and the current low
Final target is 12k
Stocks also hit the channel from which it has been rejected multiple times
The important levels to watch for in case we go down are 21.5k, 18.4k and the current low
Final target is 12k
Stocks also hit the channel from which it has been rejected multiple times
Comment:
On the very short term there's this bull bat to watch out for as it could be what sends btc into the last 25k high
Comment:
this is the shark with a final extension of 1.13 price of 26k
while .88 has a price of 24.4k
while .88 has a price of 24.4k
Comment:
Weekly chart of the major trendline
Comment:
Chart of the s&p hitting the resistance channel, the spy could go as high as 415 before reversing
Comment:
but in the end, both the stocks and btc could just breakout from the downwards trend 😜
Comment:
Very clean crab harmonic with the same 12k target
Comment:
Volume seems to have completely dried up, even the FOMC pump couldn't save the situation.
The volume delta is barely positive on the spot
The volume delta is barely positive on the spot
Comment:
The S&P could now be making the last leg of a bull shark as BTC goes to his harmonic targets, around 356 and 340 are the targets for the SPY
Comment:
Shorting eth here as well, could go as far as 800 for final target, big distribution on the volume delta (1410,1350,1220 and 800 for TPs)
Comment:
BTC doing a very similar pattern on the delta, the higher volume/smaller body candle today is a good sign of reversal while hitting the last order block of the 25k area
Comment:
Meanwhile, the SPY is still stuck in the channel after all this time but the volume delta is turning bear suggesting a distribution.
Comment:
Now a simple double top on the 3 day
Comment:
Wild stuff going on here, 20.2k was hit exactly on the dot from the volume profile to then go straight to the 24k OB again. Going short here again for now a move to the lower targets (19200 and below). This idea has a pretty clear invalidation if it goes above 26k.